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Sporos BioDiscovery Presents Preclinical Data on Differentiated TEAD Inhibitor Program, SPR1, at the 34th EORTC-NCI-AACR Symposium

SPR1 Demonstrates Single Agent Anti-Tumor Activity in vivo, Achieving Regression in Established, Large Volume Tumors

SPR1 Synergizes with MAPK Inhibitors and Upstream Activators of the MAPK Pathway

HOUSTON–(BUSINESS WIRE)–Sporos BioDiscovery, Inc. (a wholly owned affiliate of Sporos Bioventures, “Sporos” or the “Company”), a precision oncology company developing a diversified pipeline of small molecule therapeutic programs targeting cancer vulnerabilities in the tumor and tumor microenvironment, today announced its poster presentation highlighting preclinical data on the Company’s lead program, SPR1, a differentiated, novel TEAD inhibitor at 34th EORTC-NCI-AACR Symposium on Molecular Targets and Cancer Therapeutics, taking place October 26-28, 2022, in Barcelona, Spain.

“We were excited to present preclinical data from SPR1, a next-generation, finely tuned TEAD inhibitor program, with a unique TEAD isoform selectivity that we believe sets it apart from other TEAD inhibitors and offers a potential best-in-class profile. These preclinical data sets demonstrate compound safety and superior in vivo single-agent activity in large-volume tumor models and in combination with KRAS, MEK, and RTK inhibitors,” said Dr. Stephen Rubino, Chief Executive Officer of Sporos. “Our data supports our initiative to move SPR1 into clinical development with a goal of filing an IND before the end of 2023.”

The Hippo pathway (effected by the YAP/TAZ-TEAD transcriptional complex) is a major oncogenic pathway and hyperactivation of YAP/TAZ-TEAD transcription has been demonstrated as a key mechanism of resistance to MAPK pathway inhibition, as well as inhibition of its upstream inputs, such as EGFR and other receptor tyrosine kinases. The poster presents the first disclosure of SPR1, Sporos TEAD inhibitor program. Highlights of the poster, titledA Family of Novel TEAD Palmitoylation Site Inhibitors with Exceptional Pre-clinical Anti-neoplastic Activity as a Monotherapy and in Combination with MAPK Inhibitors,” include:

About Sporos BioDiscovery

Sporos BioDiscovery, Inc. is a biotechnology research & development company with a diversified pipeline of several small molecule precision oncology therapeutic programs in development, including its lead candidate SPR1, a novel TEAD inhibitor program.

Sporos BioDiscovery is a wholly-owned affiliate company of Sporos Bioventures, LLC, a private biotechnology company focused on transforming the drug development process across oncology.

Forward-Looking Statements

This press release contains forward-looking statements, including, without limitation, statements regarding plans, strategies, timelines and expectations for Sporos Bioventures LLC (“Sporos”) and its affiliates’ current or future approved discovery-stage and development product candidates, including the potential benefits of any of Sporos and its affiliates’ current or future product candidates in treating patients; and their strategy, goals and anticipated financial performance, milestones, business plans and focus. The words “aim,” “may,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “target” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any forward-looking statements in this presentation are based on management’s current expectations and beliefs and are subject to a number of risks, uncertainties and important factors that may cause actual events or results to differ materially from those expressed or implied by any forward-looking statements contained in this press release, including, without limitation, risks and uncertainties related to ongoing and planned research and development activities, including initiating, conducting or completing discovery-stage or preclinical studies and clinical trials and the timing and results of such preclinical studies or clinical trials; the delay of any current or planned development and clinical activities, or clinical trials or the development of Sporos and its affiliates’ current or future product candidates; preclinical and clinical supply of current or future product candidates; Sporos and its affiliates’ advancement of multiple early-stage efforts; Sporos and its affiliates’ ability to successfully demonstrate the safety and efficacy of its product candidates and gain approval of its product candidates on a timely basis, if at all; the preclinical and clinical results for Sporos and its affiliates’ product candidates, which may not support further development of such product candidates; actions of regulatory agencies, which may affect the initiation, timing and progress of current or future development and clinical activities and trials; Sporos and its affiliates’ ability to obtain, maintain and enforce patent and other intellectual property protection for current or future product candidates; Sporos and its affiliates’ ability to obtain and maintain sufficient cash resources to fund current or future operating expenses and capital expenditure requirements; and the impact of the COVID-19 pandemic on Sporos and its affiliates’ business, operations, strategy, goals and anticipated milestones. Any forward-looking statements contained in this press release represent Sporos and its affiliates’ views only as of the date hereof and should not be relied upon as representing its views as of any subsequent date. Except as required by law, Sporos and its affiliates explicitly disclaim any obligation to update any forward-looking statements.

Contacts

Media and Investor Contact
Lauren Stival Hopfer

lhopfer@sporosbio.com

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